PAB

Fund Description
The Fund invests, under normal circumstances, at least 80% of the Funds investable assets in bonds. For purposes of this policy, bonds include all fixed income securities, including but not limited to debt obligations issued by the US government and its agencies, corporate debt securities, mortgage-related securities and asset-backed securities (including collateralized debt obligations and collateralized loan obligations). In pursuit of this policy, the Fund may invest a large percentage of its investable assets in securities included in the Bloomberg Barclays US Aggregate Bond Index (the Index). The Index invests in a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States including government, corporate, and international US dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than 1 year. The Fund is not sponsored by or affiliated with Bloomberg. The term investable assets refers to the Funds net assets plus any borrowings for investment purposes. The Funds investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. The Fund is an actively managed exchange-traded fund (ETF) and, thus, does not seek to replicate the performance of a specified index.
Fund Profile
Fund Name PGIM Active Aggregate Bond ETF
Fund Exchange Ticker PAB
Fund Sponsor PGIM Investments
Fund ISIN US69344A7019
Net Expense Ratio 0.19 %
Fund Inception Date 15 April 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 43.13 Million (USD)
1 Month Total Return -3.60 %
Year To Date Return -12.63 %
1 Year Total Return -12.66 %
3 Year Annualized Total Return
NAV 43.13
Share Outstanding 1,000,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
US TREASURY N/ 1.25 12/26 BOND 0.0501233282
FN MA4306 2.5 4/1/51 BOND 0.0293782153
DREYFUS GOVT CASH MGMT-I DGCXX MUTU 0.0265437078
US TREASURY N/ 1.25 11/26 BOND 0.0237276020
US TREASURY N/ 2.375 2/42 BOND 0.0225285983
FR SD8128 2 2/1/51 BOND 0.0190033088
FNCL 3.5 7/08 BOND 0.0165356173
US TREASURY N/ 1.875 2/41 BOND 0.0162925723
US TREASURY N/B BOND 0.0161342375
STRIPS 0 2/42 BOND 0.0155897527